Is Lake Park expensive?

Lake Park, MN

State	Minnesota
Population	732
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Lake Park, MN

State

Population

732

Compared to its nearby areas, Lake Park is a bit less expensive, and it's substantially less expensive compared to the nation as a whole. Compared to the city of Fargo, it's a lot less expensive.

Home prices

Lake Park's median home value is $91,700. Compared to the surrounding areas this is about $39,400 (30%) lower.Compared to the rest of the country it is approximately $125,800 (57%) lower, and compared to the city of Fargo it is approximately $120,400 (56%) lower.

United States

Fargo

Detroit Lakes

Hawley

Audubon

Ulen

Lake Park

Callaway

Comparison of median Lake Park home price to nearby areas

Distribution of home prices for Lake Park and nearby areas

Rents

Lake Park's median monthly rent is $645. In comparison to other places in this area this is approximately $95 (12%) lower.In comparison to the entire nation it is roughly $417 (39%) lower, and compared to the city of Fargo is roughly $178 (21%) lower.

United States

Hawley

Fargo

Ulen

Detroit Lakes

Callaway

Audubon

Lake Park

Comparison of median Lake Park rent to nearby areas

Distribution of rents for Lake Park and nearby areas

Nearby places

Audubon

Audubon is about 4 miles east of Lake Park. The housing prices there are somewhat more expensive. The median home in Audubon is valued at $123,200, which is $31,500 (25%) higher than Lake Park. Rent there is pretty similar. Audubon's median monthly rent is $675, which comes out to $30 (4%) higher than Lake Park.

Hawley

Hawley is roughly 8 miles west from Lake Park. Real estate prices there are substantially more expensive. Hawley's median home price is $166,700, which comes out to $75,000 (44%) higher than Lake Park. Rent there is somewhat more expensive. In Hawley the median monthly rent is $849, which works out to $204 (24%) higher than Lake Park.

Callaway

Callaway is about 9 miles northeast from Lake Park. The housing prices there are a bit less expensive. The median home cost in Callaway is $75,000, which comes out to $16,700 (22%) lower than Lake Park. The rent there is a little more expensive. In Callaway the median monthly rent is $688, which works out to $43 (6%) higher than Lake Park.

Detroit Lakes

Detroit Lakes is roughly 11 miles southeast from Lake Park. Its real estate prices are substantially more expensive. The median home in Detroit Lakes costs $190,600, which comes out to $98,900 (51%) higher than Lake Park. Rents there are a bit more expensive. In Detroit Lakes the median monthly rent is $742, which is $97 (13%) higher than Lake Park.

Ulen

Ulen is approximately 13 miles northwest from Lake Park. Real estate prices there are a little more expensive. The median home price in Ulen is $100,000, which is $8,300 (8%) higher than Lake Park. Rent there is a little more expensive. The median monthly rent in Ulen is $746, which is $101 (13%) higher than Lake Park.